Orsero

AGM Information • Mar 19, 2021

EXTRACT

OF NOTICE CONVENING THE ORDINARY SHAREHOLDERS' MEETING OF ORSERO S.P.A.

The Ordinary Shareholders are convened to an Ordinary Shareholders' Meeting of Orsero, exclusively by means of telecommunications tools, for 5:00 p.m. on April 29, 2021, on single call, to discuss and resolve on the following

AGENDA

• 1. Approval of the separate financial statements as at December 31, 2020, complete with the reports by the Board of Directors, the Board of Statutory Auditors and the Independent Auditing Firm. Presentation of the 2020 consolidated financial statements. Presentation of the 2020 Sustainability Report - Consolidated Non-Financial Statement prepared in accordance with Italian Legislative Decree no. 254/2016. Related and consequent resolutions:
• 1.1 approval of the separate financial statements as at December 31, 2020, complete with the reports by the Board of Directors, the Board of Statutory Auditors and the Independent Auditing Firm.
• 1.2 allocation of the profit for the year and distribution of the dividend.
• 1. Report on Remuneration and on the compensation paid: resolutions on the "Second Section" of the Report in accordance with Art. 123-ter, paragraph 6 of Italian Legislative Decree no. 58/1998 as amended.
• 1. Authorization for the purchase and disposal of treasury shares, in accordance with the combined provisions of Articles 2357 and 2357-ter of the Italian Civil Code and Art. 132 of Italian Legislative Decree no. 58/1998 as amended and the relative implementing provisions, subject to revocation of the resolution authorizing the purchase and disposal of own ordinary shares taken by the Ordinary Shareholder's Meeting Orsero S.p.A. on April 30, 2020. Related and consequent resolutions.

All information about:

• the amount of the share capital and voting rights;
• the legitimacy and procedures for intervening and voting in the Shareholders' Meeting (record date April 20, 2021);
• the procedure for exercising the vote by proxy exclusively through the representative designated by the Company in accordance with the law;
• the deadline for exercising the right to ask questions before the Shareholders' Meeting and the right to supplement the agenda and submit further proposals for items already included on the agenda;
• the terms and conditions for obtaining the proposed resolutions, explanatory reports on items on the agenda and documents to be submitted to the Shareholders' Meeting;

is available in the call notice, to which reference is hereby made, which is published in full on the Company's website www.orserogroup.it and available in the "eMarket STORAGE" authorized storage mechanism (accessible at ).

Please also note that the annual financial report as at December 31, 2020, comprising the draft separate financial statements and the consolidated financial statements, the report on operations (which includes the consolidated non-financial statement as at December 31, 2020, in accordance with Italian Legislative Decree no. 254/2016) and the certificates and reports envisaged ex lege, as well as the Report on Corporate Governance and Ownership Structures, shall be made available at the registered office of the Company, in the "eMarket STORAGE" authorized storage mechanism (accessible at ) and on the Company's website www.orserogroup.it, Governance/Shareholders' Meeting Section, by March 30, 2021. At least 15 days prior to the date for the Shareholders' Meeting, i.e. by April 14, 2021, the documentation pursuant to Art. 77, paragraph 2-bis of Consob Regulation no. 11971/99 and Art. 15, paragraph 1, letter a) of Consob Regulation no. 20249/17 will be available at the registered office of the Company.

Milan, March 19, 2021